ETC Technical Analysis Feb 14
The post ETC Technical Analysis Feb 14 appeared on BitcoinEthereumNews.com.
ETC, despite recording a strong 5.37% rise in the last 24 hours to reach the $8.63 level, stands on the verge of testing critical support zones within the overall downtrend; oversold signals in RSI along with bullish signs in MACD indicate short-term rebound potential. Market Outlook and Current Situation Ethereum Classic (ETC) is trading at the $8.63 level on the daily chart, having taken its share of the general fluctuations in the crypto market. The 5.37% gain over the last 24 hours is supported by movement in the $8.17-$8.71 range, but volume remains modest at $39.04 million and has not yet fully confirmed this rise. The overall trend is still downward, with ETC trading below EMA20 ($9.35), maintaining short-term bearish pressure. The market is showing a cautious atmosphere in altcoins parallel to Bitcoin’s consolidation around $68,930; ETC has begun to give recovery signals after nearly 20% losses in recent weeks. Looking at multi-timeframe (MTF) confluence, we detect a total of 11 strong levels across 1D, 3D, and 1W charts: 3 supports/1 resistance on 1D, 2 supports/1 resistance on 3D, and 2 supports/3 resistances on 1W. This structure indicates that ETC is seeking equilibrium around $8.50 in the short term. A slight increase in volume signals buyers entering, but the Supertrend indicator remaining bearish ($10.49 resistance) may limit upward movements. Investors can review the details of ETC Spot Analysis to evaluate their positions. High Bitcoin dominance across the market is delaying altcoin rallies. Although ETC continues to stay in Ethereum’s shadow with its proof-of-work mechanism, its recent price action reflects stability in network activity. Daily candle closes maintain uncertainty with a doji formation testing the $8.71 high; this could increase volatility in upcoming sessions. Technical Analysis: Key Levels to Watch Support Zones ETC’s strongest support level stands out at $8.5333 (score:…
Filed under: News - @ February 14, 2026 7:24 am